AUD/USD’s fall fro 0.6823 extended lower last week and the development indicates short term topping. After the late selloff on Friday, initial bias is now on the downside this week for 38.2% retracement of 0.6348 to 0.6823 at 0.6642. Break will target 61.8% retracement at 0.6529. On the upside, though, above 0.6766 resistance will bring […]
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